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HomePersonal FinanceRisk less and higher returns, Policybazaar's Capital Guarantee Solution Plan

Risk less and higher returns, Policybazaar’s Capital Guarantee Solution Plan

Insurance and investment too! Policybazaar has brought Capital Guarantee Solution Plan where there is no risk of loss on the amount of investment, know what are the features

For the financial security of your family, you take term insurance, cover the expenses of an accident with accident insurance, while health insurance for medical expenses. Car insurance for the car right there. When your back-up plan is ready for all things, then why can’t you get any security cover for similar investments? The biggest risk in investment is that your investment capital does not go into deficit. There is also a fear that if you invest money in market related investment options to earn big money, then it will not decrease in the fluctuations of the market.

The answer to such concerns is the Capital Guarantee Solution Plan. This plan not only gives protection to your life, it can also give protection to your investment. To understand every aspect of such investment options, we have brought the matter of insurance with Policybazaar.




What is Capital Guarantee Solution Plan?
According to Vivek Jain, Head – Investments, Policybazaar, Capital Guarantee Solution Plans are a mixture of market linked ULIPs and guaranteed return plans. At the time of purchasing the policy, the policy holder is told how much return will be earned on maturity. Also, the entire amount of investment is also returned. In such plans, the premium you pay in the policy period is 100 percent guaranteed. This means that no matter how much the market falls, your money will be 100 percent safe. And as the market grows, you will also get returns according to the market.

How has the Capital Guarantee Solution Plan delivered?
Capital Guarantee Solution Plan is the exclusive plan of Policybazaar which is made in collaboration with 6 insurance companies. Vivek Jain said that ULIP of TATA AIA’s Capital Guarantee Solution Plan has given 18-20% returns in 7 years. Generally, talk about a plan of 10-15 years, so investors can get a return of 10-12%.

Will there be a tax rebate on the investment of capital guarantee solution plan?
Investor gets double benefit in terms of tax. According to Vivek Jain, the Capital Guarantee Solution Plan can also be called a tax-free solution. Both your investment and return amount get tax exemption. Talking about investment, deduction of up to Rs 1.5 lakh can be claimed under section 80C of income tax on the premium amount. As far as the amount of maturity is concerned, if the annual premium in ULIP is less than Rs 2.5 lakh, then there is no tax on the amount of maturity. Only 40 per cent of the money goes to ULIP in the Capital Guarantee Solution Plan.

Why Buy Capital Guarantee Solution Plan Online?
Capital Guaranteed Solution Plan is the exclusive product of Policybazaar. You will find this plan on the website of Policybazaar itself. Policybazaar is making low cost online in association with ULIP to make it affordable, so it will not be too heavy on your pocket if you buy online.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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